Japan: Wooden Kitchen Furniture Market 2024

Wooden Kitchen Furniture Market Size in Japan

The Japanese wooden kitchen furniture market fell to $X in 2022, waning by -2.1% against the previous year. Overall, consumption continues to indicate a abrupt contraction. Wooden kitchen furniture consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Wooden Kitchen Furniture Production in Japan

In value terms, wooden kitchen furniture production contracted to $X in 2022 estimated in export price. In general, production showed a deep slump. The growth pace was the most rapid in 2016 with an increase of 12%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Wooden Kitchen Furniture Exports

Exports from Japan

In 2022, overseas shipments of wooden furniture for kitchens increased by 46% to X units, rising for the second consecutive year after two years of decline. Overall, exports enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2021 with an increase of 62%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, wooden kitchen furniture exports skyrocketed to $X in 2022. In general, exports enjoyed perceptible growth. The most prominent rate of growth was recorded in 2021 when exports increased by 62%. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the near future.

Exports by Country

Taiwan (Chinese) (X units), China (X units) and India (X units) were the main destinations of wooden kitchen furniture exports from Japan, together comprising 86% of total exports.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of +57.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for wooden kitchen furniture exported from Japan were Taiwan (Chinese) ($X), China ($X) and India ($X), together comprising 92% of total exports.

India, with a CAGR of +53.4%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average wooden kitchen furniture export price stood at $X per unit in 2022, falling by -4.1% against the previous year. In general, the export price saw a perceptible setback. The most prominent rate of growth was recorded in 2014 an increase of 23% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per unit), while the average price for exports to Estonia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (-1.1%), while the prices for the other major destinations experienced a decline.

Wooden Kitchen Furniture Imports

Imports into Japan

After five years of growth, overseas purchases of wooden furniture for kitchens decreased by -10.5% to X units in 2022. Over the period under review, imports, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2017 with an increase of 43%. Imports peaked at X units in 2021, and then shrank in the following year.

In value terms, wooden kitchen furniture imports declined to $X in 2022. The total import value increased at an average annual rate of +2.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when imports increased by 16%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

The Philippines (X units), Vietnam (X units) and China (X units) were the main suppliers of wooden kitchen furniture imports to Japan, together comprising 87% of total imports.

From 2012 to 2022, the biggest increases were recorded for the Philippines (with a CAGR of +26.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Philippines ($X), Vietnam ($X) and China ($X) constituted the largest wooden kitchen furniture suppliers to Japan, together accounting for 87% of total imports. Thailand, Italy, Germany, Indonesia and Malaysia lagged somewhat behind, together comprising a further 12%.

Among the main suppliers, Thailand, with a CAGR of +17.0%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average wooden kitchen furniture import price stood at $X per unit in 2022, rising by 6.9% against the previous year. In general, the import price, however, saw a noticeable decline. The growth pace was the most rapid in 2016 when the average import price increased by 16% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the Philippines ($X per unit) and Vietnam ($X per unit), while the price for Malaysia ($X per unit) and Thailand ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+4.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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